IndiaInsurance
17th August 2023, 01:55 AM
https://www.moneycontrol.com/news_image_files/2023/200x200/a/admin-ajax_200.jpg AMRG Associates Joint Partner (Corporate International Tax) Om Rajpurohit said according to the formula, any surplus amount received on maturity would be subject to tax under the head "income from other sources".
More... (https://www.moneycontrol.com/news/life-insurance/cbdt-prescribes-rules-to-calculate-incomelife-insurancepremium-exceeds-rs-5-lakh_17206321.html)
More... (https://www.moneycontrol.com/news/life-insurance/cbdt-prescribes-rules-to-calculate-incomelife-insurancepremium-exceeds-rs-5-lakh_17206321.html)